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Learning English - Words in the News
 
09 July, 2004 - Published 14:41 GMT
 
Mercosur expands
 
Mercosur
Mercosur

Venezuela and Mexico have joined the South American trade bloc, Mercosur, as associate members. This report from Elliott Gotkine.

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The 26th Mercosur Presidential Summit got off to the worst possible start when just hours before it was due to begin Argentina decided to impose restrictions on certain Brazilian imports, in a bid to protect its domestic industry. But by the time the gathering ended, significant progress had been made on several issues, and the row between Buenos Aires and Brasilia appeared to have subsided. Among the most important agreements was the decision to accept Mexico and Venezuela as associate members of Mercosur, a status already enjoyed by Chile, Bolivia and Peru. Mercosur went on to invite Mexico to continue free trade talks, with a view towards its eventual full admission to the South American trade bloc.

Listen to the words

Impose
The use of authority to force people to accept something

Restrictions
Official limits

Imports
Products or raw materials which you buy from another country

In a bid to
In an attempt to

Significant
A large amount

Subsided
Died down

Associate
Joint

Status
Official classification that a person, organisation or country receives

Eventual
Result of a process or series of events

 
 
 
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